In the recent years, the Kingdom of Saudi Arabia has witnessed a significant growth in the outbound tourism market including the number of trips and the total night spent across overseas. Saudi Arabia Outbound Tourism market expected to be more than USD 43 Billion by the end of year 2025. Renub Research report titled “Saudi Arabia Outbound Tourism Market, Tourist Numbers, Countries and Purpose of Visit” is the report on fast-evolving, high-growth Saudi Arabia Outbound Travel Industry.

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Indian Outbound Tourism Market is expected to surpass US$ 42 Billion by the end of year 2024. India is second largest most populous country in the world with the tag of fastest growing major economy globally. Renub Research report entitled “India Outbound Tourism Market, Tourists Purpose of Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending, Countries (Hong Kong, Japan, Singapore, United States, United Kingdom, Thailand, Australia, Canada, South Africa, China, South Korea) & Forecast” is high-growth India Outbound Travel Industry.

China Outbound Tourism Market is projected to cross USD 500 Billion by the year 2024. Over the period of time, China has grown from nobody of the travel marketplace to the world’s most powerful outbound tourism market, surpassing United States. In 2017, Chinese travelers took more than four billion domestic trips and nearly 130 million overseas trips. According to the United Nations World Tourism Organization (UNWTO) Chinese residents has spent nearly USD 300 Billion on their trips to foreign countries.

China Outbound Tourism Market is more than USD 200 Billion in 2016, to achieve this growth it has grown with a CAGR of 20.3%. As there has been an increase of average income and a less restrictive tourism policy, Chinese people are able to travel within and outside of their homeland. China has risen rapidly as a new major source of outbound tourists in the world and has become an important tourist market. By 2022, the number of Chinese outbound tourists will be more than double from the current outbound tourists’ number in 2016; signaling a revolutionary change and opportunity for the global travel industry.